Owing for Yesterday’s Pleasure
Submitted by Atlas Indicators Investment Advisors on January 31st, 2024Spending borrowed money can be fun, but paying it back rarely is. However, that is how the financial system works in America. A person looking to spend more than they have available borrows money from another source which has more money than it needs at the same moment in time. This can go on and help fuel an economic expansion for a while but not forever.